There is a type of person in the crypto world, I have seen too many of them.

When their account first enters the market, they start with 100k US dollars, and after a few months, only have a few thousand US dollars left, not because the market is too bad, but because they have ruined themselves.
Many people's trading states are eerily similar: frequent trades, dozens of orders a day, unable to stop.
The more fees accumulate, the less capital they have.
Seeing others profit from meme coins, they are emotionally driven to blindly enter the market, only to face a sharp decline shortly after.
Staying up all night watching the charts, the more they watch, the more their mentality becomes chaotic, the more they invest, the faster they lose.
In the end, most people are not trading; they are using their accounts to vent their emotions.
Actually, as long as you change a few bad habits, your trading state can be completely reversed.
I often emphasize three points to those around me:
First, don’t become a slave to candlestick charts.
Don’t obsess over 1-minute or 5-minute short-term charts, as they can throw you off balance.
Valuable market trends should be viewed on larger timeframes.
Use 4-hour or longer cycles to judge the trend, and only trade breakout opportunities.
Better to miss some trades than to trade recklessly.
One or two trades a day, or even staying on the sidelines and observing, are far more reliable than frequent operations.
Second, only use profits for rolling positions, never touch the principal.
Many people blindly add to their positions after losses, increasing their positions as they fall, eventually leading to liquidation.
The correct approach is very clear: start with a small position to test the waters, and if the direction is correct, add to the position with profits.
Magnify gains when profitable, and shrink positions when losing.
Exit immediately when losses reach a preset percentage—no holding, no adding, no illusions.
Third, trading discipline is a hundred times more important than technical indicators.
Stop losses immediately after two consecutive losses, and eliminate emotional trading.
Many people lose not because their skills are poor, but because they refuse to admit mistakes.
Persistently holding on and repeatedly adding to losing positions will eventually wipe out their accounts completely.
The essence of trading boils down to three things: follow the trend, control the position size, and set stop losses.
But most people are obsessed with complicated indicators and refuse to admit they are just gambling.
If you want to turn the market around, don’t think about how much you can make; the primary goal is only one—survive first.